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Taxes are $1173.13, tenants pay $710.00/month = $17040.00/yr, Insurance is $697.68, tenants are on a lease with a 60 day notice required, Tenants pay all utilities including hot water tank rental. Which is $34.61 quar...
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Good morning everyone, I recently closed on my first rental property and UC on a second. The first property rented out quickly (cash flowing around $275)and I’m hoping to make roughly $250-$300 per month on the second...
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As a new investor looking to house hack, what would you say is a good Cash on Cash return for someone who's using an VA or FHA loan? Does it matter, or should I be focused on the future result of having both units ren...
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Hello,I’m trying to determine a price for a multifamily apartment building I’m selling. The way I’m doing this is taking the net income and determining a possible sales price using the cap rate.Normally to determine ...
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Hi . I m realtor in fl , we have some signle family houses for rental and we do flix up home too . We want to start to do some commercial like mobile home park and campground deal . But we are so new for this they ar...
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Hi guys
I'm considering this one.
Area is safe.
15 units, 2br each 800 sq ft, 1 bath
Rents 600 each
coin laundry in basement.
All updates are done. Needs nothing.
The asking price is 750K
Is that price good?...
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In 2012 I acquired three rental properties. I know that the fix up costs to get them to rent ready are capitalized. What about utility expenses, insurance, and property taxes I paid after closing? Are they also cap...
I am first time buyer.However, I have been living in this community from past 5 yrs paying my HOA fee duely. In the most recent times HOA was formed by the home owners in the community and has increased the fee by few...
I am currently about to rent my home that is under a FHA mortgage. I have lived in the home for over a year as my primary residence. My monthly note is $1,238.00 a month and It will rent for $1,675 a month. I only pla...
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I have been contemplating whether or not to claim all my expenses. If I claim, for example, $3,600 in expenses, I might pay around 6-800 less in taxes. However, come time to apply for a new loan, I will show $300/mont...